Announcement of closing WPT public subscription

WBF Exchange completed the 5th round of WPT subscription at 10:12:00 on November 5, 2019. 15 million WPT was sold out within 12 minutes.

As of November 5, 2019, WPT has completed five rounds of subscription detailed as follows:

The 1st round of WPT subscription totaled 5 million yuan which was sold out within 6 seconds at 10:00:00 on 2019/11/1;

The 2nd round of WPT subscription totaled 8 million yuan which was sold out within 12 seconds at 10:00:00 on 2019/11/2;

The 3rd round of WPT subscription totaled 10 million yuan which was sold out within 28 seconds at 10:00:00 on 2019/11/3;

The 4th round of WPT subscription totaled 12 million yuan which was sold out within 208 seconds at 10:00:00 on 2019/11/4;

The 5th round of WPT subscription totaled 15 million yuan which was sold out within 12 minutes at 10:00:00 on 2019/11/5;

A total of 50 million WPT has been subscribed.

Introduction to WPT

WPT is the WBF POOL TOKEN. WPT carries the community rights, circulation attributes and value attributes, deeply links the mining pools and users, breaks through the mining pool ecology, shares the development bonus of the mining pool, and passes through every part of the mining to improve the viscosity and benefits of the miners.

Under the premise of accommodating various consensus mechanisms such as POW and POS, the company adopts the equity certification mechanism, insists on the principle of mining as mining. Users are required to mortgage a certain amount of tokens to verify the transaction, entrusted to participate in node governance and community voting. Staking only supports WPT.

Token symbol：WPT

Total supply:3billion

Total circulation:350 million (private subscription+ public subscription)

Token distribution:

Community incentives 50%: Return to community users through multiple mining modes;

The team holds 15%: the founding team holds;

Genesis mining 15%: for the benefit of earliest users involved in WBF pool;

WPT foundation 10%: build a mining pool ecological fund;

WBFExchange private subscription 10%: open up the exchange and the mining pool ecology, and ensure token circulation.

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. WBF Exchange as a trading technology service provider does not undertake guarantee, compensation and other responsibilities for user’s investment.

Thanks for your support of WBF Exchange. If you have any questions, please contact our customer service.